"Bitcoin Fundamentals Strong, Ethereum Bugs" - 1/10/2018

Bitcoin & Markets Update 1/10/18 --- New to bitcoin? Looking for more info? Do your own research! Start here. http://bitcoinandmarkets.com/resources and here https://bitcoin.org --- THIS SHOW IS SUPPORTED BY LISTENERS LIKE YOU! $2-5/mo. https://www.patreon.com/bitcoinandmarkets or to donate bitcoin, litecoin or paypal http://bitcoinandmarkets.com/donate --- Disclaimer: This is not investment advice, do your own research, this is all psuedoscience. ---- PRICES Bitstamp: $14,080 1 finney: $1.40 Mayer Multiple: $6736 = 2.09 3M Futures: $15,200 spread: + $1200 - 8.5% CME Futures Jan18 $14,070 / Mar18 $14,155 / Jun18 0 vol http://www.cmegroup.com/trading/equity-index/us-index/bitcoin.html Bitmex Futures Mar18 $14,998 / Jun18 $15,930 MARKET SIZE and METRICS Market Cap: $238 B Global MC: $711 B Maximalist Price: $42,442 BTC dollar value tx'ed on-chain (24h): $3.8 B Avg tx Val: $10,531 NETWORK STATS Difficulty: est. +13% in 3 days http://fork.lol/pow/retarget https://cryptothis.com/diff/ 10% hashrate on bcash, <200 tx/blk Mempool: 18MB on Tradeblock, ~105 sat/b https://tradeblock.com/bitcoin/ There's been a large rise in the 100 sat/b number of txs, I think this means that people are learning to better calculate their fees https://jochen-hoenicke.de/queue/#3m Merged PRs: 11 merged PRs and 11 closed issues https://github.com/bitcoin/bitcoin/pulse OTC VOLUME Localbitcoins: $96M/wk Paxful: $5.2M/wk LedgerX: $2.7M/wk - large drop in ledgerx volume, even the first week of the year. 1 swap conducted on Jan 9th. http://data.ledgerx.com/ Total public OTC data: $103.9M/wk PSA: Centralized exchanges are invasive, slow and outside your control. Check out p2p exchanges like https://bisq.network/ ($300k/wk). Be careful about volume and banking. --- Ethereum bugs https://blogs.cisco.com/security/talos/vulnerability-spotlight-multiple-vulnerabilities-in-the-cpp-and-parity-ethereum-client Janine from block digest had a great point, ethereum doesn't even have a functioning multisig. I have to conclude that ethereum's price has zero to do with any technical or fundamental reasons. Blockchain Meme picking up a little from newbs Block chains must have a need for censorhship resistance (eth actually avoids questionable dapps that would thrive with censorship resistance because they are centralized) FUD from bcash conartists is picking up again, but we aren't seeing a corresponding mempool spam attack. Spam is expensive, and fees are doing their duty. Bcash is a coin pushed by a couple billionaires. Ask yourself if Roger attacked bcash like he does bitcoin. I'd be destroyed. It's completely centralized. Ripple has had a big time crash down to $1.88 last I saw, ~45% drop from Brian Kelly's CNBC show where he walked through buying ripple. Jameson Lopp's Medium post about Ethereum idiocy https://medium.com/@lopp/the-challenges-of-building-ethereum-infrastructure-87e443e47a4b Dollar is in trouble. --- Host on twitter: @AnselLindner https://twitter.com/AnselLindner and the show: @btcmrkts https://twitter.com/btcmrkts --- We're on YouTube! https://www.youtube.com/channel/UCxWJc6ZVFJDjI6eh7MU68Tg --- Thank you bitcoin. We are Bitcoin. Run a Full Node. Music by Joakim Karud and Chill Children and KVN